What if material is not return under gst law
Is this period is extendable
Menu
Material return under gst law
Replies (1)
While you can physically return material at any time, you must issue and report the credit note by the 30th of November of the following financial year to legally adjust the GST output tax liability. This statutory deadline is fixed under Section 34(2) of the CGST Act and is not extendable for the purpose of tax adjustment.
Recent Topics :
- Capital gains incidence due to bonus shares
- Amendment of Object Clause of Memorandum
- How Can I Request a Refund for an Accidental Airte
- TDS on salary paid in cash
- YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU
- Last Date To Fill ITR For Non-Audit Case
- Guidance Required on Filing Fresh Registration und
- IT Return Refund Status AY 2026-27
- Clarification Regarding Income Tax Demand Notice
- Online PAN Download: Check How?
Related Topics :
CAclubindia
